marketwatch EUROPE (TT Mar07 p6-7)
The Treasurer March 2007
1 March 2007
After the interest rate increase from the Bank of England at the beginning of the year and speculation of further moves upwards, the price of European credit looks set to ratchet up in 2007, writes Julia Berris. Moody’s review of credit trends in 2006 the outlook for 2007 predicts an interesting year for the bond market, with tightening spreads in investmentgrade sectors.
